澳大利亞商業銀行環境風險管理研究（英文版）

《澳大利亞商業銀行環境風險管理研究（英文版）》是2015年經濟科學出版社出版的圖書。

基本介紹

• 中文名：澳大利亞商業銀行環境風險管理研究（英文版）
• 出版時間：2015年7月1日
• 出版社：經濟科學出版社
• ISBN：9787514156973

內容簡介

商業銀行作為經濟運行中的金融中介機構，通常被視作環境友好行業。然而，當其信用中介和金融服務職能被頻繁地用於影響環境的企業生產經營活動時，銀行對環境的間接影響便不可忽視，並有可能面臨環境風險，這種可能性迫使銀行將環境風險管理納入其信貸過程。 本書詳細調查並分析了澳大利亞三家主要商業銀行（澳新銀行（ANZ）、國民銀行（NAB）以及西太平洋銀行（Westpac））公司信貸業務中的環境風險管理流程，在此大框架下重點研究了環境風險與銀行貸款約定事項以及環境風險與銀行貸款利率兩個具體的操作環節。本書還對這些銀行公司信貸業務的環境可持續發展的總體程度進行了評估。

作者簡介

許寅碩，1985年生，山東濟寧人，2012年10月進入中央財經大學財經研究院，為北京財經研究基地研究人員，氣候與能源金融研究中心研究人員。2008年至2012年於澳大利亞南昆士蘭大學攻讀環境金融學博士學位，2009年獲中央財經大學管理學碩士學位。 2008年起一直致力於銀行業環境可持續發展領域的研究，研究方向為銀行業環境風險管理，綠色信貸，低碳信貸等。作為主要研究人員，深度參與了英國外交與聯邦事務部全球繁榮基金（SPF）支持的“完善氣候融資政策，助推中國低碳增長”課題，並作為北京市發改委的“銀行業低碳信貸標準研究”等課題的主筆之一，完成了《破解北京市城市交通擁堵的財政金融對策研究》和《2012年俄羅斯財經研究報告》。

目錄

CHAPTER 1 INTRODUCTION

1.1 Background and Motivations

1.1.1 Environmental issues in business

1.1.2 Environmental issues and banks--environmental risks

1.1.3 Environmental risks and Australian banks

1.1.4 Australian banks' commitments and practices to integrate

environmental risks into their lending businesses

1.1.5 Associations between environmental risks and bank

loan covenants, and the cost of bank loans

1.2 Statement of the Research Problem and Research Purpose

1.3 heoretical Perspective and Research Methodology

1.4 Definitions for Key Terms

1.5 Contributions

1.6 Delimitations of the Research Scope

1.7 Outline of the Book

CHAPTER 2 COMMERCIAL BANKS' ENVIRONMENTAL

RISK MANAGEMENT (ERM)

2.1 Introduction

2.2 Environmental Risks from Banks' Perspective

2.2.1 Interpretations of environmental risks

2.2.2 Determinants of environmental risks facing

banks in lending

2.3 Environmental Initiatives of Banks

2.3.1 United Nations Environment Programme Finance

Initiative ( UNEP FI)

2.3.2 Equator Principles

2.4 Environmental Risk Management (ERM) of Banks

2.4.1 Concepts and procedures of banks' ERM

2.4.2 Integration of ERM into banks' credit processes

2.5 Covenants in Bank Loan Agreements

2.5.1 Classifications of bank loan covenants

2.5.2 Functions of bank loan covenants

2.6 Environmental Covenants

2.6.1 Environmental covenants for loans from

multilateral development banks

2.6.2 Environmental covenants for loans from

commercial banks

2.7 Environmental Risks and the Cost of Bank Loans

2.7.1 Determinants of the cost of bank loans

2.7.2 Association between environmental risks and the

cost of bank loans

2.8 Conceptual Framework Based on Previous Literature

2.9 CHAPTER Summary

CHAPTER 3 ENVIRONMENTAL RISKS, BANK LOAN

COVENANTS AND THE COST OF BANK

LOANS--THEORETICAL FRAMEWORK

PERSPECTVIE

3.1 Introduction

3.2 Agency Theory

3.3 Application of Agency Theory to Environmental Risks

3.4 Environmental Risks and Bank Loan Covenants

3.4.1 Environmental covenants in bank loan agreements

3.4.2 Customised environmental covenants

3.5 Environmental Risks and the Cost of Bank Loans

3.6CHAPTER Summary

CHAPTER 4 RESEARCH DESIGN AND

METHODOLOGY

4.1 Introduction

4.2 Research Paradigms and the Research Methodology Adopted ~

4.2.1 Introduction of research paradigms

4.2.2 Phenomenological paradigm underlying this study and

the research methodology adopted

4.3 Qualitative Data Collection

4.3.1 Sampling methods and strategies

4.3.2 Qualitative data collection methods

4.3.3 Data collection procedures

4.3.4 Data administration and ethics

4.4 Qualitative Data Analysis Methods

4.4.1 Justification for manual data analysis

4.4.2 On-going qualitative data analysis throughout

this study

4.5CHAPTER Summary

CHAPTER 5 DATA ANALYSIS RESULTS

5.1 Introduction

5.2 Corporate Lending

5.2.1 General information on corporate lending

5.2.2 The corporate credit process

5.3 Environmental Risks in Banks' Corporate Lending

5.3.1 Definition and dimensions of environmental risks

5.3.2 Attributes of environmental risks

5.3.3 Determinants of banks' exposure to environmental risks

5.4 ERM in the Corporate Credit Process

5.4.1 Preliminary environmental analysis

5.4.2 Environmental risk evaluation

5.4.3 Environmental risk control and monitoring

5.4.4 Environmental risks and the cost of bank loans

5.4.5 Summary of ERM in the corporate credit process

5.5 Evolution of Environmental Sustainability in Banks'

Corporate Lending

5.5.1 Application of the Equator Principles

5.5.2 ERM being ' business as usual

5.6 Environmental Sustainability Transformation in Major Australian

Banks' Corporate Lending

5.6.1 Environmental sustainability transformation of banks'

corporate lending

5.6.2 Major Australian banks in the environmental sustainability

transformation process

5.7 CHAPTER Summary

CHAPTER 6 DISCUSSION, CONCLUSIONS AND

IMPLICATIONS

6.1 Introduction

6.2 Discussion of the Results

6.2.1 Environmental risks in banks' corporate credit

processes

6.2.2 RQ1 : How are environmental risks in corporate lending

associated with bank loan covenants?

6.2.3 RQ2 : How are environmental risks in corporate lending

associated with the cost of bank loans?

6.2.4 Conceptual framework based on the results

6.3 Implications for Practice

6.4 Limitations

6.5 Directions for Future Research

REFERENCES

APPENDICIES

Appendix 1 Love Canal Disaster

Appendix 2 Equator Principles June 2013

Appendix 3 Specimen Environmental Undertakings and Covenants in Term Loan Facility Letters (Case 1999)

Appendix 4 The Value of Environmental Covenants in Bank Loan Agreements

Appendix 5 Consent Form

Appendix 6 Cover Letter

Appendix 7 Interview Checklist 1

Appendix 8 Interview Checklist 2

ACKNOWLEDGEMENTS